ZIP Code 07931 has segments in 2 Counties (Morris, Somerset).
The ZIP Code maps and database are updated 4 times per year.
Database updated: April 1, 2024, Maps updated: February 2, 2024.
POPULATION | |
---|---|
Total Population | 3,537 (100%) |
Population in Households | 3,319 (93.8%) |
Population in Families | 3,035 (85.8%) |
Population in Group Quarters1 | 218 ( 6.2%) |
Population Density | 170 |
Diversity Index2 | 50 |
INCOME | |
Median Household Income | $168,419 |
Average Household Income | $264,045 |
% of Income for Mortgage4 | 31% |
Per Capita Income | $84,014 |
Wealth Index5 | 308 |
Socioeconomic Status Index6 | High (68.5) |
HOUSING | |
---|---|
Total HU (Housing Units) | 1,264 (100%) |
Owner Occupied HU | 924 (73.1%) |
Renter Occupied HU | 200 (15.8%) |
Vacant Housing Units | 140 (11.1%) |
Median Home Value | $858,259 |
Average Home Value | $1,061,120 |
Housing Affordability Index3 | 75 |
HOUSEHOLDS | |
Total Households | 1,124 |
Average Household Size | 2.95 |
Family Households | 946 |
Average Family Size | 3.00 |
GROWTH RATE / YEAR |
2020-2023 | 2023-2028 |
---|---|---|
Population | -0.54% | 0.74% |
Households | 0.22% | 0.41% |
Families | 2.05% | |
Median Household Income | 1.61% | |
Per Capita Income | 1.20% | |
Owner Occupied HU | 0.00% |
The table below compares 07931 to the other 578 ZIP Codes in New Jersey by rank and percentile using July 1, 2023 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.
Variable Description | Rank | Percentile |
---|---|---|
Total Population | # 472 | 19th |
Population Density | # 526 | 9th |
Median Household Income | # 54 | 91st |
Housing Affordability Index | # 208 | 36th |
Per Capita Income | # 70 | 88th |
Diversity Index | # 338 | 42nd |
Additional comparisons and rankings can be made with a VERY EASY TO USE New Jersey Census Data Comparison Tool.